The Treasury has given a 30-day notice period for public comments on its alcohol tax proposals, which the liquor industry says is unfair and premature.
The policy document emphasises that excise tax increases should aim to reduce the affordability of alcoholic beverages.
The report by Oxford Economics Africa titled “Double the Pain: The burden of unpredictable excise taxes and high inflation on ...
Treasury is considering an option to either increase the guideline tax burden for all the alcohol categories or to do away ...
The report was presented during the Beer Tax Indaba, which examined the burden of unpredictable excise taxes in a ...
South Africa’s National Treasury has published a policy review on the taxation of alcoholic beverages, inviting public ...
Beer taxes have even outpaced inflation during recent periods of high inflation. Excise taxes on beer may become ...
South Africa’s National Treasury has proposed changes to the tax regime to encourage companies to utilize carbon offsets and ...
National Treasury has published its latest alcohol taxation review, which could see significant changes to the pricing of ...
In July 2021, producers of mineral fertilizers froze prices for their products for Russian farmers until the end of the year. Later it was decided to fix prices until the end of May 2022. In June and ...
The policy review of the taxation of alcoholic beverages builds on the previous excise tax policy review ... proposals on ...
The South African Institute of Taxation (SAIT) has raised concerns over the country’s excise duties on beer, suggesting that the current tax levels may negatively impact consumers, particularly those ...